Free Cooperative Lease Option Assignment Report

[californiameltdown]

Do I need a real estate licence to do this in California??

[frustratedinvestor]

@californiameltdown

You need a license when you sell, or in some states the requirements are less, or more abstract. For instance, some states don't see an option as equitable interest and only as a principal intrest. What this means is that they may not see you as selling the property, but just your interest.

So the laws aren't always that clear. I would contact your local attorney to make sure you're in the clear with whatever system you choose.

Hope that helps,

Adam